Godawari Power & Ispat Fund Raise of ₹100 Cr
Godawari Power and Ispat invested ₹100 Crore in its subsidiary, Godawari New Energy, via a rights issue. Funds will support a 20 GWh battery storage plant.
- Value
- ₹100.0 Cr
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Godawari Power and Ispat invested ₹100 Crore in its subsidiary, Godawari New Energy, via a rights issue. Funds will support a 20 GWh battery storage plant.
Godawari Power and Ispat reported nil deviation in utilizing ₹150.22 Crore raised through preferential warrants. Funds were primarily deployed into BESS project investments and project funding.
Godawari Power and Ispat Limited submitted its quarterly Monitoring Agency Report for a ₹500 Crore preferential issue. Funds are being utilized for BESS projects and corporate purposes.